2024.12.20 2024.12.20 US Dollar Soars as US Government Shutdown Looms. Forecast as of 20.12.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Speculation that December’s rate cut may be the last and increased safe-haven demand due to the partial US government shutdown allowed EURUSD bears to push the pair lower. Let’s discuss this topic and make a trading plan. The article covers the following subjects:…

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According to Punchbowl News: Republican leadership has proposed a plan addressing the debt limit. The proposal includes raising the debt limit by $1.5 trillion in the first reconciliation package. It also promises to cut $2.5 trillion in net mandatory spending through the reconciliation process. Statements from Key Figures: House Majority Leader Steve Scalise: if not today, they will act…

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USD/JPY retreats below 157.00 at the end of the week. Traders dumped the USD after soft PCE data. The Fed’s hawkish outlook might limit the pair’s downside. The USD/JPY pair pulled back from its highest levels since July, retreating to 156.50 following the release of US Personal Consumption Expenditure (PCE) data. Softer inflation metrics, coupled with insights from the…

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2024.12.20 2024.12.20 Short-Term Analysis for Oil, Gold, and EURUSD for 20.12.2024 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold continues to trade in a short-term…

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The classic tweet from Dec 2018 The fear in markets is that Trump is going to be hitting everyone with tariffs. He’s a very tough guy to predict but I’m growing more optimistic. 1) The threats to Mexico and Canada are solvable One of his first post-election tweets talked about 25% tariffs on Mexico and Canada but the important…

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The Pound Sterling rebounds against the US Dollar on slower than projected US PCE inflation growth in November. A higher number of BoE officials voted for an interest rate cut on Thursday, boosting dovish bets for 2025. The UK Retail Sales rose by 0.2%, slower than expectations of 0.5% in November on month. The Pound Sterling (GBP) recovers sharply in North American…

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2024.12.20 2024.12.20 USDСAD: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.4200 with a target of 1.4800 – 1.5200. A buy signal: the price holds above 1.4200. Stop Loss: below 1.4170, Take Profit: 1.4800 – 1.5200. Alternative…

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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2024.12.20 2024.12.20 USDCHF: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 0.9220 with a target of 0.8586 – 0.8386. A sell signal: the price holds below 0.9220. Stop Loss: above 0.9250, Take Profit: 0.8586 –…

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